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Home»General News»Okonjo-Iweala, Finance minister push for trade-driven growth as Nigeria targets 7% GDP
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Okonjo-Iweala, Finance minister push for trade-driven growth as Nigeria targets 7% GDP

TheStoriesBy TheStoriesAugust 31, 2025No Comments1 Min Read
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Ngozi Okonjo-Iweala
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The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, on Thursday met with Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, in Abuja to discuss strategies for trade-led growth, investment, and inclusive development.

Edun highlighted recent macroeconomic gains — including a stronger naira, easing inflation, and credit ratings upgrades from Fitch and Moody’s — as a platform for sustained growth. He outlined a plan centred on export diversification, private sector investment, and human capital development, intending to achieve 7% GDP growth.

Okonjo-Iweala praised Nigeria’s reforms, describing them as capable of restoring investor confidence and unlocking opportunities under the African Continental Free Trade Area (AfCFTA). She urged the government to prioritise job creation, expand exports, and strengthen social safety nets and energy security to ensure economic growth translates into better living standards.

Both leaders reaffirmed their commitment to integrating Nigeria into global value chains, harnessing digital trade, and empowering the private sector as a driver of competitiveness, resilience, and prosperity.

AfCFTA GDP Ngozi Okonjo-Iweala Trade-driven growth
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